| Product Code: ETC5043537 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The ethane import shipments to Hong Kong in 2024 continued to be dominated by top exporters such as China, South Korea, Japan, Thailand, and Singapore. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a Compound Annual Growth Rate (CAGR) of 14.93% from 2020 to 2024. Notably, the growth rate surged to 19.23% in 2024, reflecting a robust expansion in ethane imports, potentially driven by increasing demand and strategic partnerships in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Ethane Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Ethane Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Ethane Market - Industry Life Cycle |
3.4 Hong Kong Ethane Market - Porter's Five Forces |
3.5 Hong Kong Ethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Hong Kong Ethane Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Hong Kong Ethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ethane as a feedstock in the petrochemical industry |
4.2.2 Growth in the manufacturing sector in Hong Kong |
4.2.3 Expansion of ethylene production capacities in the region |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting ethane production costs |
4.3.2 Regulatory challenges related to environmental concerns and compliance |
4.3.3 Competition from alternative feedstocks such as naphtha or propane |
5 Hong Kong Ethane Market Trends |
6 Hong Kong Ethane Market Segmentations |
6.1 Hong Kong Ethane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Ethane Market Revenues & Volume, By Ethylene Synthesis, 2021-2031F |
6.1.3 Hong Kong Ethane Market Revenues & Volume, By Acetic Acid Synthesis, 2021-2031F |
6.1.4 Hong Kong Ethane Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.2 Hong Kong Ethane Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Ethane Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Hong Kong Ethane Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 Hong Kong Ethane Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Hong Kong Ethane Market Revenues & Volume, By Electricals & Electronics, 2021-2031F |
6.2.6 Hong Kong Ethane Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Hong Kong Ethane Market Import-Export Trade Statistics |
7.1 Hong Kong Ethane Market Export to Major Countries |
7.2 Hong Kong Ethane Market Imports from Major Countries |
8 Hong Kong Ethane Market Key Performance Indicators |
8.1 Ethylene production capacity utilization rate |
8.2 Ethane pricing trends |
8.3 Number of new ethylene production projects announced or completed |
9 Hong Kong Ethane Market - Opportunity Assessment |
9.1 Hong Kong Ethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Hong Kong Ethane Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Hong Kong Ethane Market - Competitive Landscape |
10.1 Hong Kong Ethane Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Ethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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